Crypto trading for over 1 year and still haven't made 1 million? $AIA $BNB $ZEC
After reading this, if you still can't make money, then come find me.
I have been trading for 10 years and made 60 million. Today I will share with you 10 pieces of experience accumulated from stepping into pitfalls, liquidation, recovery, and achieving financial freedom.
First, friends with small capital (under 200,000) shouldn't think about going all in every day; catching a major uptrend once a year is enough. Before the market arrives, patience is the greatest weapon.
Second, a person can't earn money beyond their understanding. Before trading with real money, practice your mindset and courage with a demo account. You can fail infinitely in a demo account, but one major mistake in a real account could directly kick you out of the market.
Third, remember this: good news can be bad news. When you see significant good news and don’t sell on the same day, you must sell on the second day if it opens high; otherwise, it can easily trap you.
Fourth, be very careful during holidays. History tells us that reducing positions or even going to cash before holidays is the best strategy; the market declining during holidays is not a joke.
Fifth, the essence of medium to long-term trading is to keep enough cash, sell high, buy low, and operate in a rolling fashion. Don’t think about fully understanding the market in one go; that’s the way of the institutions, not retail investors.
Sixth, for short-term trading, only engage with coins that have high trading volume and significant price fluctuations; don’t touch inactive ones, as they waste time and erode your mindset.
Seventh, if the market is slowly grinding down, then the rebounds will also be slow; but if the decline accelerates, rebounds often come quickly. You need to keep the right rhythm.
Eighth, if you buy wrong, admit it and stop loss immediately. As long as the principal is there, opportunities will always exist; this is the foundation of survival.
Ninth, for friends who watch the market closely in the short term, definitely look at the 15-minute candlestick charts; combined with the KDJ indicator, you can find many golden buying and selling points.
Tenth, there are countless techniques for trading, but mastering just 1-2 sets is enough. Having more methods isn't better; you need to practice them to perfection.
The above 10 points are all earned through real money and mistakes I've made; taking fewer detours is a profit.
